SOMERSET, N.J., March 20, 2025 (GLOBE NEWSWIRE) -- JP 3E Holdings, Inc. (“JP3E”) formerly Spooz, Inc. (OTC: SPZI), a provider of innovative financial and commodity trading solutions, announces that Datang International Trading Co,, Ltd in South Korea is established between China Datang Holdings Group Corp. Ltd and JP3E, by acquiring JP3E Preferred Shares to assume control and to provide Trade Financing and actual Funding. This will facilitate existing contracts for the purchase of gold and copper cathodes with total sales of over $2,800,000,000. The financing will cover other JP3E contracts. This includes $35,000,000 specifically for gold and copper transactions. This funding is recycled repeatedly, from revenues generated by each transaction. The partnership within three countries, the USA, South Korea, and China, AS A NEW ECONOMIC PARADIGM, will foster major transactions, creating real value and solutions in the midst of international trading conflicts for the benefit of each nation. Both parties agreed to enter the trading contracts through Datang International Trading, Co, Ltd into LNG trading worldwide by providing the financial facilities.

The copper transaction will consist of a 1,000 MT trial shipment with subsequent shipments of 20,000 MT per month over the next 12 months. Additionally, the gold b2b business model for the Gold USA Citizen Visa Investment has been activated and will constitute approximately 25% of the $2,800,000,000 total sales. Details to follow. Total revenues from the sales are expected to generate over 20% gross profit for JP3E, with over 10% net profit margins.

Since the successful convening of the 18th National Congress of the Communist Party of China, Datang Holdings Group has emerged as a vital force in implementing the nation’s security and development strategies under the new economic paradigm.

With a mission to integrate and innovate financial solutions to optimize modern productivity and production relations, the company actively collaborates with the technology sector and the real economy to promote the healthy development of national informatization, industry branding, and domestic product localization.

Since its establishment, Datang Holdings Group has set up more than 40 directly affiliated subsidiaries and has continually expanded its business scope through mergers and acquisitions as well as the establishment of new subsidiaries. The company’s diversified business portfolio spans a wide range of industries, including: Renewable energy generation, Ecological and environmental protection (carbon neutrality technologies), Oil and gas field technical services, Chemical industry, International trade in petroleum and natural gas, Port and warehousing logistics, Shipbuilding, Radar and satellite communications, Information technology, cloud computing, and the Internet of Things (IoT), Railway equipment, Water services, Agricultural and forestry industries, Biopharmaceuticals, Finance, Tourism, film and cultural industries.

Datang Holdings Group serves as an industrial-financial integration platform, leveraging multi-channel capital investment and operations to support national strategies. Its investment focus is primarily on foundational industries, resource-based industries, cutting-edge technologies, and emerging industries.

SOMERSET, N.J., Nov. 21, 2024 (GLOBE NEWSWIRE) -- JP 3E Holdings, Inc. (OTC: SPZI), through its wholly owned subsidiary, JP Energy Global, PTE, LTD, per contract, successfully shipped 300 metric tons of ICUMSA 45 Sugar to the purchaser. This initial sugar delivery triggers the allocation of the full year of sugar deliveries.

The origin of the shipment was Brazil, South America, destined for Turkey. This inaugural transaction, negotiated and funded through our newly launched Trade Finance platform in collaboration with Bloxcross, highlights the success of our innovative approach to global trade, enabling faster and more efficient outcomes. This sugar delivery, fortified by Bloxcross’ trade financing platform, solidifies the supply chain, elevating and enhancing our business operations, facilitating sugars contracts of monthly shipments spanning an entire year of extremely profitable sugar contracts.

This foundational sugar transaction, enabled by our newly launched Bloxcross Trade Finance platform, evidences the strength and dynamic nature of our innovative global trade approach.

“The Bloxcross Trade Finance platform is the glue, locking in these very profitable transactions, particularly while spanning several months and multiple shipments," said John K. Park, Chairman and President of JP3E.

Diego Baez, CEO of Bloxcross, Inc. and CEO of JP3E, added, “With the Bloxcross platform, we're transforming trade finance by enabling seamless transactions and enhancing profitability. This shipment marks the beginning of even greater opportunities."

This shipment confirms a new horizon for the growth of JP3E as we persist in multiplying the growth of our operations in the global commodity trading market to achieve new levels of unprecedented profitability, transaction after transaction, commodity after commodity.

To receive information on JP3E, sign up for email news alerts at https://www.jp3e.com/subscription.

SOMERSET, N.J., Nov. 18, 2024 (GLOBE NEWSWIRE) -- JP 3E Holdings, Inc. (“JP3E”) formerly known as Spooz, Inc. (OTC: SPZI), a provider of innovative financial and commodity trading solutions, has announced its consolidated financial results for the nine months ended September 30, 2024. The results reflect strong revenue growth, strategic acquisitions, and operational efficiency, signaling a period of robust expansion and innovation for the company.

Key Highlights for Consolidated Financials Nine Months Ended September 30, 2024:

Revenue: $112.2 million, marking the first recorded revenue for JP3E, driven by contributions from recently acquired Bloxcross, Inc.

Gross Profit: $14.4 million, showcasing the company's ability to manage cost of goods sold effectively.

Net Income: $6.1 million, a significant improvement from a net loss of $14,014 in Q3 2023.

Total Assets: Increased to $43.5 million from $8,774 as of December 31, 2023, reflecting acquisitions and asset appreciation.

Earnings Per Share: $0.001, emphasizing the impact of JP3E’s expanded operations.

Strategic Developments

JP3E acquired Bloxcross, Inc., a digital assets innovation company that specializes in blockchain-driven solutions for global trade and cross-border payments. This acquisition significantly contributed to the company’s revenue growth and enhanced its intellectual property portfolio, valued at $25.3 million.

The company also integrated Hamilton Associates LLC., adding $18.2 million in land and building assets.

Operational Efficiency

Total expenses were managed at $5.7 million, enabling the company to report operating income of $8.7 million.

Chairman/President Statement:

“During the third quarter, we transitioned and added Diego Baez, CEO of Bloxcross, to become the CEO of JP3E. Since going live on August 8, 2024, with the Bloxcross trading platform, Diego and his team have proven to be instrumental in immediately bringing substantial valuation to JP3E,” said John K. Park, Chairman and President of JP3E.

Looking Ahead

JP3E continues to explore opportunities for expansion in the blockchain and commodity trading sectors. In September 2024, the company executed its first shipment of Grade A Chicken Paws to China under its February 2024 contract, marking a significant milestone in its commodity trading operations. Our commodity business is progressing with chicken, sugar, coal, aluminum, and gold transactions. We anticipate our revenues from these commodities to be reflected in the near term with additional shipment and delivery confirmations. The company remains focused on enhancing shareholder value through strategic growth initiatives and operational excellence.

For a more detailed and complete analysis of the Company’s financial results for the nine months ended as of September 30, 2024, please refer to the Company’s Financials under Disclosure, which were filed earlier on OTC Markets. https://www.otcmarkets.com/stock/SPZI/disclosure

To receive information on JP3E, sign up for email news alerts at https://www.jp3e.com/subscription.

NEW YORK, Nov. 6, 2024

This certificate confirms that the above-mentioned company has been registered as Overseas Exporters of Imported Foods with the General Administration of Customs of China (GACC) in accordance with the "Administrative Measures on Imported and Exported Food Safety" (GACC Decree No. 249 and 105 Announcement of the General Administration of Customs).

This certificate is tor the use of the approved organization only and may not be rented or transferred; this certificate is issued by AQSIQ.

NEW YORK, Nov. 02, 2024 (GLOBE NEWSWIRE) -- JP 3E Holdings, Inc. (“JP3E”), formerly known as Spooz, Inc. (OTC: SPZI), is clarifying the press release issued on October 31, 2024. JP3E has no interest in the transaction with Öztürk Holding, LLC. JP3E is involved with executing EB-5 funding for Kerogen II only. 

To receive information on JP3E, sign up for email news alerts at https://www.jp3e.com/subscription.

For additional information on the Global Trade Financing Platform via Bloxcross, Inc., contact sgallegos@bloxcross.com.

About JP 3E Holdings, Inc.

JP3E is a global leader in commodity trading, known for its innovative approach to optimizing trade processes and solutions across numerous sectors. With a commitment to sustainability and market leadership, JP3E continues to drive new trends and solutions in global commodity markets.

About Bloxcross, Inc.

Bloxcross is at the forefront of financial technology, specializing in blockchain-based solutions for cross-border payments and trade finance. Dedicated to streamlining global financial transactions, Bloxcross provides secure, fast, and cost-effective services to clients worldwide. To learn more about their groundbreaking solutions, visit https://www.blox.global/.

Company Contact:

John K. Park, Chairman

john.park@jp3eholdings.com

732-241-0598 Office

Websites: https://www.jp3e.com/

https://www.jp3eholdings.com/

Twitter: http://www.twitter.com/SpoozInc

Facebook: http://www.Facebook.com/SpoozInc

E-Mail: info@jp3e.com

Safe Harbor Notice

Certain statements contained herein are “forward-looking statements” (as defined in the Private Securities Litigation Reform Act of 1995). The Companies caution that statements, and assumptions made in this news release constitute forward-looking statements and make no guarantee of future performance. Forward-looking statements are based on estimates and opinions of management at the time statements are made. These statements may address issues that involve significant risks, uncertainties, and estimates made by management. Actual results could differ materially from current projections or implied results. The Companies undertake no obligation to revise these statements following the date of this news release.

NEW YORK, Oct. 29, 2024 (GLOBE NEWSWIRE) -- JP3E Holdings, Inc. (OTC: SPZI) is pleased to announce a new partnership for sourcing and exporting minerals and precious metals, including rare earths, copper, zinc, and cobalt, from the African continent to global buyers. This collaboration marks a significant milestone in JP3E’s expansion of its global trading business, supported by Bloxcross’ proprietary trade finance platform.

The first gold shipment under this partnership is scheduled for delivery to a leading South Korean metals processor as an initial trial. If successful, this will initiate a one-year contract, with monthly gold shipments to follow. Updates will be provided as final shipping dates are confirmed.

This partnership highlights the strength of JP3E’s innovative trade finance solutions, developed with Bloxcross, which are designed to streamline and secure global transactions. The platform enables faster, more efficient trade, enhancing transparency and precision in trade finance and positioning JP3E as a leader in the commodities market.

John K. Park, Chairman and President of JP3E, commented, “This partnership is an extraordinary achievement, highlighting the talents and resources of both companies. By combining our strengths, we expect to create impactful opportunities for sustainable growth in the commodities market.”

Diego Baez, CEO of JP3E and Bloxcross, added, “Our focus has been to secure a reliable source of minerals from Africa while addressing the complex financial and logistical challenges in the region. Through our partnership with JP3E and local partners in Africa, we believe we have developed a scalable, lasting solution that benefits both producing countries and global buyers.”

NEW YORK, Oct. 22, 2024 (GLOBE NEWSWIRE) -- JP 3E Holdings, Inc. (OTC: SPZI), through its wholly-owned subsidiary JP Energy Global PTE, LTD, announces a major strategic partnership with China Petroleum Technology and Development Corporation (CPTDC), China's largest international trading company. This partnership marks a significant milestone with the first coal shipment initiated under the collaboration, utilizing Bloxcross' proprietary Trade Finance platform.

The shipment consists of 50,000 metric tons of coal sourced from Indonesia. This transaction is a key step in the larger agreement between JP3E and CPTDC, aimed at driving growth in the energy sector. The partnership will also open doors to future transactions involving other commodities, further expanding JP3E's reach in the global market.

This collaboration underscores the strength of JP3E's new trade finance solutions, developed in partnership with Bloxcross. The proprietary platform enables faster, more efficient, and secure global transactions, offering transparency and precision in trade finance, and positioning JP3E as a leader in the commodities market. The partnership with CPTDC, a subsidiary of China National Petroleum Corporation (CNPC), reinforces the credibility of JP3E’s operations in Asia. CPTDC has a long-standing reputation, exporting energy equipment and petrochemical products to more than 110 countries and regions. CPTDC has developed stable, large-scale markets in Central-Asia and Russia, Africa, the Americas, the Middle East, and the Asia-Pacific regions, and maintains sound and collaborative relationships with 3,400 partners with 1,100 international staff. Since its establishment over 30 years ago, CPTDC accumulated 44.0 billion USD in contract value.

https://www.cptdc.com/

Chairman and President of JP3E, John K. Park, expressed his enthusiasm, stating, "This partnership is an extraordinary achievement that highlights the talents and resources of both companies. Following my time in the Far East, I am honored to have made this connection and to work alongside such an esteemed partner in CPTDC."

Diego Baez, CEO of Bloxcross and JP3E, added, “We are thrilled to see Bloxcross’ trade finance platform facilitating such a profitable endeavor. This partnership marks a significant step in our global expansion strategy and strengthens our ability to drive successful international trade.”

Zhang Peng, General Manager from China Petroleum Technology and Development Corporation (CPTDC), “I am glad that after all this time, of transaction design and discussions, particularly with Jason Chang (CEO of JP Energy Group), John Park, and his team, we are able to move forward on something that will enrich both companies to include potential further transactions."

This transaction represents a transformative moment for JP 3E Holdings, positioning the company for further expansion in the global commodities market. As the company continues to focus on growth and strategic partnerships, this initial coal shipment is just the beginning of what promises to be a successful and impactful collaboration.

This contract signifies a decisive era for JP3E as the company continues to enhance its presence in the global commodities market.

To receive information on JP3E, sign up for email news alerts at https://www.jp3e.com/subscription.

John K. Park, Chairman
john.park@jp3eholdings.com
732-241-0598 Office
Websites: https://www.jp3e.com/
https://www.jp3eholdings.com/
Twitter: http://www.twitter.com/SpoozInc
Facebook: http://www.Facebook.com/SpoozInc
E-Mail: info@jp3e.com

NEW YORK, Oct. 14, 2024 (GLOBE NEWSWIRE) -- JP 3E Holdings, Inc. (OTC: SPZI), formerly Spooz, Inc., is excited to announce a series of significant corporate developments that mark a new era of growth and expansion for the company. These strategic initiatives include steps to uplist to the OTCQB market, filing a Form 10, following which, it will initiate 15c2-11 filing, become a fully reporting company under SEC guidelines, remove the "shell risk" designation, and implement a comprehensive rebranding, including a name, ticker symbol, and CUSIP number change through FINRA.

JP 3E Holdings has successfully completed its audited financial statements for 2022 and 2023, a pivotal achievement that positions the company to become a fully SEC-reporting entity. This milestone underscores JP3E's unwavering commitment to transparency, compliance, and delivering significant income and growth to its shareholders.

Shell Risk Removal: One of the initial steps JP3E undertook was to mitigate the risk associated with being designated a “shell risk” by OTC Markets. Through substantial business combinations and acquisitions, the company has demonstrated robust operational activity. Legal counsel has submitted two letters and comprehensive documentation to OTC Markets, confidently presenting a compelling case for the removal of the shell risk designation. The company anticipates a favorable review and is poised for this designation to be lifted soon.

Form 10 Filing with the SEC: JP3E has coordinated with its legal counsel, Gary Blum, and has submitted the proper paperwork to complete its Form 10, registration statement, to become a reporting company under the Securities Exchange Act of 1934. This filing is crucial for uplisting and provides the SEC with comprehensive information on the company’s business, financial condition, and operations.

Form 15c2-11 Submission: The company is also preparing its Form 15c2-11 submission, a key step that will assign a Market Maker to represent JP3E in the market to obtain adequate information and complete the required sufficient due diligence. This will be done alongside the Form 10 filing with the SEC, which will offer detailed insights into the company’s business operations and financial condition.

Name, Ticker, and CUSIP Change: As part of its strategic rebranding, JP3E, formerly Spooz, Inc., is changing its name, ticker, and CUSIP number to reflect its focus on the Eating, Energy, and Education sectors. The paperwork has been completed to change the name with the Nevada Secretary of State. The company has been issued a 16 digit case code from FINRA under Corporate Actions to provide any support and coordination required to complete the process of changing the name, symbol, and CUSIP number for the company.

Uplist Plans: JP3E’s strategic roadmap includes uplisting from the OTC markets to the OTCQB with no plans of doing a reverse split. The above are all prerequisites that are essential for trading on the OTCQB. This move is contingent on meeting the stringent financial and compliance criteria of these exchanges, which the company is actively pursuing through its audited financials.

"Our journey to become a fully reporting company is not just about meeting regulatory requirements; it's a testament to our integrity, transparency, and dedication to sustainable growth," said John K. Park, Chairman and President of JP 3E Holdings, Inc. "These strategic steps are complex and demanding, but they reflect our unwavering commitment to our shareholders and our vision to be a leader in the markets we serve."

The company is gearing up to release exciting operational updates in the near future, showcasing additional strides in its aggressive growth strategy and market expansion efforts. To receive information on JP3E, sign up for email news alerts at https://www.jp3e.com/subscription.

NEW YORK, Oct. 01, 2024 (GLOBE NEWSWIRE) -- JP 3E Holdings, Inc. (OTC: SPZI), through its wholly owned subsidiary, JP Energy Global, PTE, LTD, is excited to announce the evolution in its February 2024 commodity contract for Grade A Chicken Paws (https://finance.yahoo.com/news/spzi-jp-energy-global-sets-175300176.html). The first shipment has been loaded and departed in September 2024, for Grade A Chicken Paws to China.

The chicken paws are sourced from Brazil, South America, in what marks the beginning of a new revenue stream for JP 3E. This inaugural transaction, made possible through our newly launched Trade Finance platform in partnership with Bloxcross, highlights the strength of our innovative global trade approach. By streamlining processes, we’re achieving faster, more efficient execution and greatly improving the opportunity to close many more deals of this scale.

JP Energy Global, PTE, LTD is registered with the Overseas Exporters of Imported Foods with China’s General Administration of Customs, ensuring compliance and authorization to legally ship food products into China. This certification solidifies our presence in the Chinese market and strengthens our ability to execute on contracts with precision and transparency.

“Our growing presence in China significantly enhances our ability to execute global trade contracts with key players. This strategic foothold opens up vast future opportunities, positioning us to capitalize on international agreements," said John K. Park, Chairman of JP 3E.

Diego Baez, CEO of Bloxcross, Inc. and CEO of JP 3E, added, "Our Global Trade Financing Platform will continue to drive revenue growth for both JP 3E and Bloxcross. By integrating advanced blockchain and AI technologies, we are increasing efficiency, reducing costs, and improving both gross and net profit margins. This seamless digital platform allows us to lock in terms and indelibly record transactions, ensuring a competitive edge in the global trade market."

This shipment marks a critical milestone for JP 3E as we continue to expand our reach in the global commodity trading market, enhancing profitability and setting the stage for future success.

NEW YORK, Sept. 30, 2024 (GLOBE NEWSWIRE) -- JP 3E Holdings, Inc. (OTC: SPZI), formerly Spooz, Inc., has achieved another major milestone by completing its second shipment of Aluminum Ingot (A7) through its innovative Trade Finance platform in collaboration with Bloxcross. This latest shipment of 1,000 metric tons (MT) follows an initial shipment of 500MT, bringing the total shipped to date to 1,500MT.

As global demand for aluminum continues to soar JP 3E is well positioned to capitalize on this growth. This transaction highlights the success of Bloxcross’ newly launched Trade Finance platform, which streamlines global trade transactions, making them faster and more efficient while boosting the likelihood of successful deal closures. JP 3E anticipates many more successful global commodity transactions continuing to drive growth and efficiency in the global trade landscape.

John K. Park, Chairman of JP3E, emphasized the significance of this milestone, stating, “The extensive travel, hard work, and countless meetings have finally started to bear fruit. I am grateful for the tireless efforts of our entire team, whose creativity and dedication have been truly remarkable. This success would not have been possible without the collective contributions of everyone involved.”

Diego Baez, CEO of Bloxcross and the incoming CEO of JP3E, added, “This has truly been a collaborative effort, and we are excited to announce upcoming shipments of other products, some of which are already en route.”

This next wave showcases how seamless global trade can be when leveraging the power of innovative blockchain technology.

NEW YORK, Sept. 17, 2024 (GLOBE NEWSWIRE) -- JP 3E Holdings, Inc. (OTC: SPZI), formerly Spooz, Inc., is excited to announce a key milestone with the successful first shipment of Aluminum Ingot (A7). This contract marks the beginning of a series of monthly shipments, with the first 500 metric tons (MT) already en route, scheduled to arrive early next week.

Globally, the demand for aluminum continues to grow, especially with the rising adoption of electric vehicles and the shift toward greener manufacturing practices. As of mid-September 2024, the price of aluminum stands at approximately $2,528 per metric ton​.

This inaugural transaction, negotiated and funded through our newly launched Trade Finance platform in collaboration with Bloxcross, highlights the success of our innovative approach to global trade, enabling faster and more efficient outcomes.

John K. Park, Chairman of JP3E, highlighted the importance of this achievement, stating, “This milestone demonstrates our expanding expertise in the commodity trading sector and establishes a solid foundation for future opportunities.”

Diego Baez, CEO of Bloxcross and the incoming CEO of JP3E, added, “Our approach to innovation in global trade has exceeded expectations. The Trade Finance platform has enabled us to achieve faster closing times and optimized trade financing options. We look forward to continued growth and many more successful global trade transactions.”

This contract represents a pivotal moment for JP3E as the company continues to enhance its presence in the global commodities market.

NEW YORK, Aug. 30, 2024 (GLOBE NEWSWIRE) -- JP 3E Holdings, Inc. (OTC: SPZI), formerly Spooz, Inc.

Dear JP3E Shareholders,

I am both honored and excited to introduce myself as the new CEO of JP 3E Holdings. As we embark on this pivotal moment in our company's history, I am eager to share the vision and strategic direction to guide us into a future brimming with potential and opportunity.

At JP3E, we are at the intersection of cutting-edge technologies and expanding market opportunities. Our collaboration with Bloxcross and our global trade operations position us uniquely for significant growth. This partnership not only diversifies our portfolio but also integrates advanced blockchain and digital finance technologies, crucial for thriving in today’s fast-paced global market.

To support our ambitious growth plans, we must first establish a robust corporate foundation. My immediate focus is on reinforcing JP3E’s economic stature and profitability to ensure stability, long term success, and foster a strong corporate ethos.

Our strategy revolves around three key areas: (1) Real Estate Development, (2) Commodity Trading, and (3) Trade Financing and Global Payments. We are excited to introduce new products and services designed to revolutionize the trade industry and drive sustainable growth. These initiatives are aimed not only at expanding our capabilities but also at enhancing the value we deliver to our shareholders.

In the coming months, we will unveil several initiatives that are set to positively impact our financial performance and generate increased returns. Your trust and support have been instrumental in our success, and as we move forward, I invite your continued engagement and feedback. Transparency and open communication will be central to our approach as we navigate this exciting journey.

Expect regular updates on our progress. Your ongoing support is vital to our success, and I am confident that, together, we will elevate JP3E to new heights. Thank you for your unwavering commitment to our shared vision. Here’s to a future of groundbreaking growth and innovation at JP3E.

Warm regards,

Diego Baez

CEO, JP 3E Holdings, Inc.

NEW YORK, August 1, 2024 (GLOBE NEWSWIRE) -- JP 3E Holdings, Inc. (OTC: SPZI), formerly Spooz,Inc., recently acquired a majority stake in Bloxcross, Inc. In the wake of this significant acquisition, they announce the launch of a new Global Trade Financing Platform, positioning Bloxcross as a key element of the JP3E portfolio.

We expect that the Global Trade Financing Platform will make a substantial contribution to the revenue of both JP 3E Holdings and Bloxcross by executing existing commodity contracts.

Bloxcross operates in multiple countries with 30 employees across offices in Singapore, Korea, Brazil, and the United States, streamlining global transactions effortlessly. In 2023, the company successfully completed $135 million in global transactions, thanks to its development and refinement of proprietary AI-powered technology that facilitates these payments with unprecedented speed.

As globalization continues to expand, so does the demand for robust trade finance solutions, reinforcing the value of this market. Trade finance mechanisms like letters of credit, insurance, and guarantees play a crucial role in reducing payment and supply risks while providing liquidity to optimize working capital and maintain smooth global supply chains. With the integration of blockchain and AI technologies transforming this sector, efficiencies are increasing and costs are reducing. This ongoing innovation Bloxcross brings to trade finance not only enhances the security and speed of international trade, fostering economic growth globally. In 2022, the global trade finance market was valued at $9.3 trillion and is projected to rise to $12.5 trillion by 2032, underscoring its growing importance and potential.

Diego Baez, CEO of Bloxcross, Inc. and the incoming CEO of JP 3E Holdings, Inc. commented, “The launch of our global trade financing platform underscores the significant opportunities between Bloxcross and JP3E. We are excited to leverage these synergies to drive innovation and deliver exceptional value to our clients and stakeholders.”

Diego Baez, CEO of Bloxcross, Inc., will join the JP3E Board of Directors (BOD) and assume the role of CEO of JP3E, with John K. Park remaining as Chairman. Mr. Baez brings a wealth of experience from his time at top technology and financial firms, serving in executive positions at Cloudera-Hortonworks, Goldman Sachs, JPMorgan, Citigroup, Lehman Brothers, and Knight Capital. His significant contributions in algorithmic trading, electronic trading, and market data systems have been widely recognized.

John K. Park, Chairman and CEO of JP 3E Holdings, commented, "We are thrilled to launch this groundbreaking global trade financing platform. It will revolutionize the way global trade is conducted, enhancing efficiency and connectivity across international markets.”

To receive information on JP3E, sign up for email news alerts at: https://www.jp3e.com/subscription.

For additional information on the Global Trade Financing Platform reach out to sgallegos@bloxcross.com.

About JP 3E Holdings, Inc.

JP3E is a global leader in commodity trading, known for its innovative approach to optimizing trade processes and solutions across numerous sectors. With a commitment to sustainability and market leadership, JP3E continues to drive new trends and solutions in global commodity markets.

About Bloxcross, Inc.

Bloxcross is at the forefront of financial technology, specializing in blockchain-based solutions for cross-border payments and trade finance. Dedicated to streamlining global financial transactions, Bloxcross provides secure, fast, and cost-effective services to clients worldwide. To learn more about their groundbreaking solutions, visit: https://www.blox.global/.

NEW YORK, July 05, 2024 (GLOBE NEWSWIRE) -- JP 3E Holdings, Inc. (OTC: SPZI), formerly known as Spooz, Inc., is excited to announce that Astra Audit & Advisory, LLC ("Astra"), the Company's independent auditor, has completed the audit of the Company's Year End Financial Statements for the fiscal years ending December 31, 2023 and 2022. The PCAOB has recently introduced two new standards, AS1000 and QC 1000, aimed at enhancing the operational and audit quality of PCAOB firms. These standards represent a significant shift in the auditing landscape, necessitating a proactive approach from firms. To align with these changes and continue delivering exceptional service, Accell Audit & Compliance reorganized their practice to include the creation of a distinct entity, Astra Audit & Advisory (Astra), to focus exclusively on our SEC/PCAOB audit practice.

Astra is registered with the Public Company Accounting Oversight Board (PCAOB). Astra conducted the audit of the Company's Consolidated Financial Statements within the guidelines of Generally Accepted Accounting Principles (GAAP) and according to the standards and practices for audits of public companies ascribed by the Public Company Accounting Oversight Board (PCAOB).

Astra has issued a written opinion report on the Company’s financial statements and schedules, supporting such financial statements, all of which are to be included in the report to be filed by the Company under the Securities Exchange Act of 1934. Astra has determined the company to be in good standing and has issued an unqualified opinion stating that the financial statements present fairly, in all material respects, are in conformity with accounting principles generally accepted in the United States of America.

CLEARWATER, Fla., May 22, 2024 (GLOBE NEWSWIRE) -- Power Engineering Corporation (PEC), a subsidiary of JP 3E Holdings, Inc., formerly Spooz, Inc. (OTC: SPZI) announces a joint venture with Bloxcross (BLOX) to expand business operations in the Middle East and North Africa (MENA) region. This venture will focus on the Oil and Gas, Healthcare, Construction, and Commodities sectors.

https://www.pec.com.qa/

https://www.blox.global/

The initial transaction will begin with PEC’s dedicated Oil and Gas vertical. Blox will finance its current trading activities. This Memorandum of Agreement (MOA) outlines the steps to implement the Trade Financing Platform for PEC’s global trade deals. PEC will direct trade transactions through its subsidiaries and partners to Blox for funding and payment processing. In return, Blox will provide substantial financing and funding partners to support the deals, along with the global digital infrastructure necessary for secure and efficient transactions.

CLEARWATER, Fla., May 10, 2024 (GLOBE NEWSWIRE) -- JP 3E Holdings, Inc., (“JP3E”) formerly known as Spooz, Inc. (OTC: SPZI), is pleased to announce the execution of a Memorandum of Understanding (“MOU") with Kerogen Resources LLC to form Kerogen Resources II LLC for the purpose of developing unconventional onshore U.S. shale assets. JP3E will have majority ownership and provide funding for Kerogen Resources II. Kerogen Resources will operate and have a minority stake in Kerogen Resources II.  This strategic partnership marks a significant expansion of JP3E Holdings' footprint in the energy sector. Kerogen Resources, a private exploration and production company, brings to the partnership extensive experience and knowledge for development of conventional and unconventional oil and natural gas assets. 

CLEARWATER, Fla., May 07, 2024 (GLOBE NEWSWIRE) -- JP 3E Holdings, Inc. (“JP3E”), previously known as Spooz, Inc. (OTC: SPZI), today announced the successful acquisition of 51% of Power Engineering Corporation (PEC) from Imperial Holdings, Inc. This acquisition is a strategic expansion move that aims to significantly enhance JP3E's presence in the liquefied natural gas (LNG) sector through PEC's advanced capabilities. 

PEC, previously a wholly owned entity under Imperial Holdings Energy and now a 51% owned subsidiary of JP3E, is valued at over $24 million. The company has already secured substantial contracts for 2023, 2024, and 2025, bolstering its project pipeline. Through exclusive partnerships with industry leaders such as A.W. Chesterton, 3X Engineering, and Korea Gas Technology Corporation (KOGAS-Tech), PEC is well positioned to drive JP3E's annual revenues well beyond $100 million within the energy sector realm.

NEW YORK, April 30, 2024 /PRNewswire/ -- Bloxcross, a leader in blockchain-based financial solutions, in partnership with JP3E, a prominent global commodity trading firm, is excited to announce the launch of a new, comprehensive platform designed to revolutionize global trade finance. This innovative platform integrates artificial intelligence to streamline and enhance financial transactions across international borders.

JP 3E Holdings, Inc., formerly Spooz Inc., will become a Fully Reporting Company, Retaining Accell Audit & Compliance, PA in pursuit of Uplisting

March 21, 2024 11:10 ET

JP 3E Holdings, Inc., formerly Spooz Inc., receives $18,000,000 from the city of Kokomo, IN and the state of Indiana to fund the Harmony Villas Project. Rocky H. Singh, as a newly added Director, will manage the Harmony Villas Project and will add an additional $5,000,000 for the project

February 28, 2024 10:37 ET

JP 3E Holdings, Inc., formerly Spooz Inc., wholly owned subsidiary, set the shipping dates for five contracts for Grade-A Chicken Paws to China

February 09, 2024 12:53 ET

CLEARWATER, Fla., Feb. 08, 2024 (GLOBE NEWSWIRE) -- JP 3E Holdings, Inc., formerly Spooz, Inc. (OTC: SPZI), signs Strategic Alliance with Archeo Futurus, Inc. which is a pioneering technology firm that will be working in a strategic alliance with JP3E. 

February 08, 2024 10:52 ET

JP Energy Global, wholly owned subsidiary of JP 3E Holdings, Inc., formerly Spooz Inc., executed a $617.5 Million transaction (purchase and sale) for ICUMSA 45 Sugar

February 05, 2024 09:30 ET

CLEARWATER, Fla., Jan. 30, 2024 (GLOBE NEWSWIRE) -- JP 3E Holdings, Inc., formerly Spooz, Inc. (OTC: SPZI), engages Jason Meyer as Corporate Legal Partner. The company also introduces Jason Hoon Chang as President of JP Energy Group, LLC, wholly-owned subsidiary of JP 3E Holdings, Inc. Miguel Alcala will serve as Vice President for JP Energy Group, LLC.

January 30, 2024 13:01 ET